From the Editor
The financial crisis that is currently engulfing
the world has generated lots of commentary and
analysis among heterodox economists. Moreover,
conferences, seminars, and websites have sprung
up dealing with this theme. All of this is
evident in this issue of the Heterodox Economics
Newsletter. What is even more interesting is the
resurgence of interest in Marx, at least in
German-speaking countries—see the FYI section.
On a different note the HEN-IRE-FPH Project is
starting to bear fruit with its first two
reviews—one is a review of an article by John
Davis on the recent turn in economics and the
second is a review of an article by Randy Wray
on the subprime meltdown. If you would like to
take part in this project, please e-mail me.
Finally, concerning the issue of pluralism in
economics, the body that makes up the heads of
economics departments in the UK has asked the
Association of Heterodox Economics to submit a
session on pluralism in economics education for
the 2009 Royal Economic Society Conference. This
is the first time that the AHE has been
positively recognized by the UK economics
establishment. Hopefully the session will be
accepted and the AHE can put on a session
showing the significance and importance of
pluralism in economic education.
Fred Lee
In
this issue:
|
Call for Papers |
|
- Neo-Schumpeterian Economics 09: An
Agenda for the 21st Century
- Sustainable Development: What is at stake for the South?
- Les Suds confrontés au développement soutenable
- CHORD Workshop and Call for Papers
- International Conference on: Paper Money in Theory and
Practice in History
- Journal of Innovation Economics
- The Fourth WAPE Forum
- "Crisis, Contradiction, Contestation: Postwar Economy and
Culture"
- Conference: DER KEYNES GESELLSCHAFT (mit aktualisiertem
Rahmenthema)
- Revue de la régulation. Capitalisme, institutions,
pouvoirs
- Regulation and Financial Crisis
|
|
Conferences, Seminars and Lectures |
|
- Green Economics
Institute
- Seminar Series - Returns of Marxism 2008/09 in Amsterdam
- Congresso Internacional Karl Marx
- Controverses modernes sur les instruments de politique
monétaire
- “A Theory of knowledge based Imperialism”
|
|
Job Postings for Heterodox Economists |
|
- University of Massachusetts at Amherst
- University of Hamburg
- Bard College
- Bucknell University
- Colorado State University
- Colorado State University
- St. Francis College, Brooklyn
- The New School
|
|
Heterodox Conference Papers and
Reports and Articles |
|
- Distribution, Aggregate Demand and
Productivity Growth
- The Impact of Monetary Policy on Unemployment Hysteresis
- The J2 Status of Chaos in Period Macroeconomic Models
- Financial Uncertainty and Business Investment
- Working Papers of the Department of Economics, SOAS,
London, UK
- ‘Why do Banks Fail?’ by S. Basu
- ‘Financial Globalisation: the need for a single currency
and a global central bank'
- Minsky and "Keynesianism"
- Seventh SHE Conference
- Pluralism in Economics: Rethinking the Teaching of
Economics |
|
Heterodox Journals and Newsletters |
|
- Journal of Economic Methodology
- PERI
- International Review of Applied Economics
- International Journal of the Economics of Business
- China Economic Journal
- Levy News
- Local Economy
|
|
Heterodox Books and Book Series |
|
- Behind the 2008 World Financial Crisis
- The Clintons’ Antilabor Legacy
- What the 1987 Stock Market Crash Foretold
- Capitalism’s World Disorder
- The Transitional Program for Socialist Revolution
- Institutional Economics
- The International Encyclopedia of Revolution and Protest
- Development of Economic Analysis
- From Political Economy to Economics Method
- A Short History of Economic Thought 2nd Edition
- The History of Economic Thought: A Reader
|
|
Heterodox Book Reviews |
|
- Free Trade Nation
- The Invention of Modern Life |
|
Heterodox Websites |
|
- Radical Perspectives on the Crisis |
|
The HEN-IRE-FPH Project |
|
- The HEN-IRE-FPH Project for Developing Heterodox Economics
and Rethinking the Economy Through Debate and Dialogue |
|
Heterodox Graduate Program and PhD
Scholarships |
|
- The University of Manchester |
|
For
Your Information |
|
- Extend State Ownership To Save Jobs
- Open Letter to All Political Leaders attending the
November 15 White House Summit on Financial Markets and the
World Economy
- Oil, war, lies and bulls**t
- The Wall Street Coup and the Bailout Scam
- Tufts Institute to Award Annual Economics Prize
- Booklovers turn to Karl Marx as financial crisis bites in
Germany
- CofFEE's 10th Birthday
- Karl Marx and the world financial crisis
- Wanted: a new financial order
- The Center for the History of Political Economy
- Misrepresenting the Financial Crisis
- Galbraith
- Galbraith on Bill Moyer's Journal
- The Ludwig Lachmann Research Fellowship |
|
|
Call for Papers
Neo-Schumpeterian Economics 09: An
Agenda for the 21st Century
Call for Papers
The next conference entitled “Neo-Schumpeterian Economics 09: An
Agenda for the 21st Century” will take place from June 10th to June
12th, 2009, in Trešt. It will jointly be organized by the J.A.
Schumpeter Endowment Fund, by the Community of Trešt, and by some
scholars of Schumpeterian Economics. The venues of the conference
will be Trešt Castle ! Hotel and J.A. Schumpeter’s birth house.
Trešt can easily be reached from Prague by bus.
The focus of this follow-up conference will again be the
investigation of the significance of Neo-Schumpeterian Economics as
a guideline for contemporary economic policy and its challenges. The
deadline for paper submission is April 15th, 2009. If only an
abstract was submit-ted, the full paper should be submitted by May
1st. You will be notified by May 11th, 2009, of acceptance of your
paper. The deadline for registration is May 25th, 2009. Your paper
will be entered into the conference program only if you registered
within the deadline of registration.
For further information consult the webpage of the conference:
www.schumpeterconference09.cz
Program Committee
Riccardo Faucci, University of Pisa, Italy
Horst Hanusch, University of ! Augsburg, Germany (program co-chair)
Heinz Kurz, ! Universi ty of Graz, Austria (program co-chair)
Thomas K. McCraw, Harvard University, USA
J. Stanley Metcalfe, University of Manchester, United Kingdom
John E. Roemer, Yale University, USA
Christian Seidl, University of Kiel, Germany (program co-chair)
Kiichiro Yagi, Kyoto University, Japan
Sustainable Development: What is at
stake for the South?
University of Bordeaux, France
June 10-12, 2009
The GRES is organizing his 3rd development conference which will be
held in Bordeaux (France) on June 10-12, 2009. The conference theme
is:
"Sustainable development: What is at stake for the South?" Please
find
attached the call for papers. For more informations, we invite
you to visit the website of the conference:
http://beagle.u-bordeaux4.fr/jourdev/.
Les Suds confrontés au développement
soutenable
Université Montesquieu-Bordeaux IV
10-12 juin 2009
Le Gres organise ses 3èmes journées du développement. Celles-ci se
tiendront à Bordeaux du 10 au 12 juin 2009. Le thème de la
conférence est: "Les Suds confrontés au développement soutenable".
Vous trouverez ci-dessous l'appel à communications que vous avez
tout loisir de diffuser dans vos réseaux. Pour plus d'informations,
nous vous invitons à visiter le site de la conférence:
http://beagle.u-bordeaux4.fr/jourdev/.
CHORD Workshop and Call for Papers
Retailing History: Texts and Images
29 April 2009
CHORD invites participants to a workshop devoted to a discussion of
the nature of the texts and images associated with retailing and
retailers, including commercial images, artistic and literary
representations, photographs and postcards, the printed word and the
visual arts. Proposals are invited from any disciplinary perspective
and focusing on any historical period. Topics of interest include,
but are not limited to:
- Photography and visual representations
- Slogans, catch-phrases and branding
- Retailing and the visual arts
- Advertising and promotional material
- Literary, biographical and autobiographical representations
- Retailing, nostalgia and the heritage industry
- Print and press representations, self-presentation and advice
The workshop will be held at: the University of Wolverhampton, UK
Please send proposals (including title and c. 200 words abstract)
preferably by e-mail, to the address below by 6 February 2009.
Fee: £ 14. For further information, please contact Dr Laura Ugolini,
HAGRI / HLSS, Room MC233, University of Wolverhampton, Wolverhampton,
WV1 1SB, UK. E-mail:
L.Ugolini@wlv.ac.uk
Workshop web-page:
http://home.wlv.ac.uk/~in6086/texts.html
CHORD web-page:
http://home.wlv.ac.uk/~in6086/chord.html
International Conference on: Paper
Money in Theory and Practice in History
To be held at Barnard College, Columbia University, New York, April
17 - 19, 2009
Introduction
Monetary systems based on paper money are standard in most parts of
the world today. Yet despite its prevalence, economic theory has not
succeeded in providing an explanation for the emergence and
continued acceptance of paper money.
While the existence of paper money, credit money, and fiat money
systems have not been at the center of modern economic research,
there is a long history of prominent thinkers who carefully
theorized the emergence and dynamics of such monetary systems. In
Europe, thinkers like John Law, Richard Cantillon, David Hume, and
Henry Thornton developed elaborate theoretical frameworks, while in
the American colonies, Benjamin Franklin famously explored the use
of paper money. In addition to the western tradition of using and
thinking about paper money, the Chinese economy was based on paper
money for many centuries.
The fact that paper money existed in so many different economies and
political systems, suggests that a comparative approach to the
theory and practice of paper money might be advantageous.
By exploring the common features of various paper money systems, the
aim of this conference is to provide a deeper understanding of the
nature, function, and dynamics of fiduciary coins, paper money,
credit money, and fiat money.
Questions
Questions can be divided into three interlinked categories: 1)
Theoretical - such as how is paper money defined, how does paper
money differ from what is regarded as "real" or "proper" money
(defined as carrying an "intrinsic value"), how is paper money
endowed with value, what makes paper money accepted in transactions,
and more broadly how do money in general and paper money in
particular affect the economy (inflation, balance of trade etc)
according to these theories.
2) Practical: What was used as paper money; why was paper money
used; who issued paper money, on what basis were money emitted, and
again what made paper money accepted in transactions, and how did
money in general and paper money in particular affect the economy
(inflation, balance of trade etc)?
3) How did practice and theory relate to each other?
Application Deadlines
To apply please send your abstract (not exceeding 500 words) to any
of the members of the organizing committee by e-mail no later than
December 15, 2008.
Notification of acceptance will be sent out before January 15, 2009.
We expect a full conference paper to be submitted no later than
March 30, 2009.
Organizing Committee
Anders Ögren
EHFF Stockholm School of Economics and EconomiX Université de Paris
X Nanterre
E-mail: anders.ogren@hhs.se
David F. Weiman
Department of Economics, Barnard College, Columbia University
E-mail: dweiman@barnard.edu
Carl Wennerlind
Department of History, Barnard College, Columbia University
E-mail: cwennerl@barnard.edu
Journal of Innovation Economics
Call for papers
Topic:
Innovation, Growth and Sustainable Development
Editors of this Issue of JIE
Faridah Djellal:
farida.djellal@univ-lille1.fr
Dimitri Uzunidis:
uzunidis@univ-littoral.fr
The Fourth WAPE Forum
The Fourth WAPE Forum, “Nation, State, and Democratic Governance of
the Global Economy and Politics”, will be hosted by Gabriel Peri
Foundation on May 28-29, 2009 in Paris, France, and will announce
the annual award of “Top Ten Academic Achievements of World Marxist
Economics”. Click
here
to download the flyer.
"Crisis, Contradiction, Contestation:
Postwar Economy and Culture"
The Interdisciplinary Marxism Working Group at UC Berkeley invites
graduate students and independent scholars in the humanities and
social sciences to submit proposals for a conference, taking place
on Friday March 6 and Saturday March 7, 2009 at UC Berkeley, on
economy and culture in the post-WW2 era.
Recent crises in global capitalism have functioned, as crises often
do, to reveal the historical contours of the present, providing new
opportunities to read history against the grain. This call for
papers proposes that as our economies enter a period of potentially
profound structural transformation, it is all the more necessary to
examine the relationship between the economic mode of production and
cultural and social forms.
For this conference, we seek work that brings together analysis of
the modes of economic accumulation which have characterized the last
60 years—their actors, institutions, histories, and structures—with
analysis of the forms of subjectivity, ideology, culture, and
resistance they have produced and been produced from. How have
attempts within sociology, geography, political science, and history
to explain the economic transformations of the 70s influenced
accounts of cultural forms before and after this shift? Where do
considerations of the novel, of poetry, of film, of visual art, and
of architecture stand in relation to broader economic and political
histories? How does work in sociology, cultural studies, and
anthropology on the collectivities and cultures of economic
production—from day traders to migrant workers—negotiate the
relationship between subject and structure? How can analysis of
economic processes like risk management, collateralization, foreign
and consumer debt structuring, privatization, and data collection
give us access to related transformations in national security, war,
and neoimperialism? What has been the social or cultural effect of
new forms of labor, including not only new modes of "immaterial"
knowledge work but also the labor being done in sweatshops and
maquiladoras? Other potential topics of interest include, but are
not limited to, the following: cultural globalization and uneven
development; anti-capitalist social movements; experiments with
value in literature and the arts; the management, exploitation, or
creation of risk; other capitals (cultural, social) or other
economies (symbolic, affective, libidinal, spectacular);
financialization and culture; class contradiction and conflict in
literature and the arts; technological transformations in economy
and culture; race, gender, or sexuality and the economic.
We hope this conference will provide an opportunity for dialogue
between all participants of the sort often not possible at larger
conferences. As such, we will not schedule panels concurrently, and
request that papers presented not exceed 20 minutes so that each
panel is followed by ample time for Q&A. All panels and events will
be free and open to the public and accepted participants are
expected to attend as many panels as possible to enable a sustained
conversation over the 2 days of the conference. On Friday, March 6th
we will feature a keynote presentation by New York University
Professor of Art and Public Policy Randy Martin, whose most recent
books include The Financialization of Daily Life and An Empire of
Indifference: American War and the Financial Logic of Risk
Management, searingly critical and engaged interdisciplinary
accounts of how life is lived, war fought, and ideology sustained
within a financialized present.
Paper proposals should be no more than 600 words (1-2 pages double
spaced) and should be accompanied by a brief cover letter—this
letter may (where applicable) describe any larger project from which
the proposed paper emerges, list other conferences or symposia in
which the submitter has participated, and should provide contact
information. Proposals and cover letters should be submitted via
email to imwgconference@gmail.com as attached documents by Monday,
December 1st and all accepted presenters will receive their
invitations to participate no later than January 1st. This
conference is intended to be primarily an opportunity for graduate
students to present their work, but postdoctoral and early-stage
independent scholars are welcome to submit proposals as well. One or
two meals will be provided by conference organizers and if housing
costs are aprohibitive burden, arrangements for housing with local
participants can potentially be arranged.
This event is organized by the Interdisciplinary Marxism Working
Group, a group which has, for the last ten years, provided an
opportunity for graduate students, faculty, and others to read and
discuss together works of both classical and contemporary Marxism
and to frame those conversations around
interdisciplinary—historical, structural, and theoretical—concerns.
The conference is additionally funded by the Doreen B. Townsend
Center for the Humanities and affiliated departments and groups
across UC Berkeley.
Deadline for proposals: Monday, December 1st
Email address for proposal submission:
imwgconference@gmail.com
Conference date: Friday March 6-Saturday March 7, 2009
Contacts for conference co-organizers: Jasper Bernes (
bernes@berkeley.edu ) &
Annie McClanahan (
ajmcc@berkeley.edu )
Conference: DER KEYNES GESELLSCHAFT (mit
aktualisiertem Rahmenthema)
Die Keynes Gesellschaft e.V. (
www.Keynes-Gesellschaft.de ) veranstaltet am 16. und 17. Februar
2009 in Wien ihre vierte wissenschaftliche Jahrestagung. Das
Rahmenthema der Tagung lautet: Aktuelle Finanzkrise und andauernde
Herausforderungen für die Europäische Währungsunion und andere
Währungsräume.
Entsprechend den Zielen, die sich die Keynes-Gesellschaft gesetzt
hat, sind auch Referate erwünscht, die sich mit den Bemühungen von
Keynes um die Lösung dieser Probleme beschäftigen.
Der Vorstand (Prof. Dr. Jürgen Kromphardt, Prof. Dr. Hagemann und PD
Dr. Gustav A. Horn) lädt Mitglieder und Nichtmitglieder ein, auf
dieser Tagung ein Referat zu übernehmen.
Die Keynes-Gesellschaft plant, nach der Tagung einen Tagungsband
herauszugeben, der im Metropolis-Verlag erscheinen soll. Sie bittet
daher alle Referenten, nach der Tagung eine schriftliche Version
einzureichen, die die wichtigsten Aspekte der Diskussion auf der
Tagung berücksichtigt.
Die Keynes-Gesellschaft bittet alle Interessierten, den geplanten
Titel ihres Referats und eine kurze Inhaltsskizze (Abstract) bis
Mitte November 2008 an
J.Kromphardt@ww.tu-berlin.de zu schicken.
Die Auswahl der Vorträge findet Ende November statt.
Revue de la
régulation. Capitalisme, institutions, pouvoirs
« Régulation et crise financière »: appel à contribution pour numéro
spécial
regulation@revues.org
Aujourd’hui, on voit se multiplier les analyses consacrées aux
mécanismes financiers ayant conduit à la crise de grande ampleur que
nous connaissons. Ceux-ci commencent à être bien connus. Souhaitant
prendre un peu de recul par rapport à cette actualité brûlante, la
Revue de la Régulation cherche à traiter la question de fond
suivante :
- Cette crise est-elle une grande crise au sens de la théorie de la
régulation, à savoir une crise propre au régime dit du « capitalisme
financiarisé » ?
- En conséquence, faut-il s’attendre à une transformation radicale
de celui-ci ? Selon quels processus ?
- Ou bien, au contraire, faut-il voir dans les événements récents
l’expression récurrente des instabilités propres à la finance
dérégulée ?
La Revue de la Régulation souhaite ouvrir ce débat. Il s’agit de
faire la part entre les mouvements de fond de la macroéconomie
financiarisée et les dynamiques propres aux structures financières
dérégulées.
Merci de faire parvenir vos propositions d'article (titre +
problématique en 5-10 lignes) pour le 10 novembre 2008 à
regulation@revues.org.
Les articles complets devront être rendus pour le 31 décembre 2008.
Le numéro spécial paraîtra en mars 2009, et sa publication sera
accompagnée d'une journée d'étude à la Maison des Sciences de
l'Homme Paris Nord.
Contact, envoi des propositions et contributions:
regulation@revues.org
Regulation and
Financial Crisis
Call for submissions
Thematic issue on ‘Regulation and financial crisis’
regulation@revues.org
An ever-growing number of analyses are being devoted to the
now-familiar financial mechanisms which have led to the large-scale
crisis underway. In order to take a more distanced approach in
relation to this burning issue, the Revue de la Régulation has opted
to address the following underlying questions:
- Is the present crisis a major crisis in the sense of Regulation
theory, namely a crisis proper to the so-called ‘financialised
capital’ regime?
- If so, should we expect a radical transformation of that regime?
Through what processes?
- If not, should recent events be seen as the recurring expression
of the instabilities inherent in deregulated finance?
The Revue de la Régulation would like to open this debate, which
calls for making a distinction between the basic trends of the
financialised macro-economy and the dynamics proper to the
deregulated financial structures.
Brief proposals for articles (title + argument in 5-10 lines) should
be sent to:
regulation@revues.org
Deadline for proposals: 10 November 2008.
Deadline for completed articles: 31 December 2008.
The special issue is scheduled to appear in March 2009 and its
publication will be accompanied by a one-day seminar at the Maison
des Sciences de l’Homme, Paris Nord.
Contact, submission of proposals and contributions:
regulation@revues.org
Top
Conferences, Seminars
and Lectures
Green Economics Institute
Reclaiming Economics for all People everywhere, the biosphere, the
planet and its systems.
In association with Gower Management Books, Pluto Books, Zed Books,
The International Journal of Green Economics, Inderscience
Publishers of academic journals, The Green Economist, 1 Pump Court,
London ECI Chambers, Nursery in Kwazula Natal and Campinas
University in Brazil, Green Economics Institute in Nigeria
The Green Economics Institute warmly invites you to its 3rd workshop
on social and environmental justice. This conference especially
features women's unequal pay, poverty and empowering supply chains.
The conference takes place on Saturday 29th November at our premises
in Oxford and there is a sliding scale of fees to encourage wide
attendance. The fees include continuous refreshments and lunches.
(please note we also have a wellbeing retreat in Glastonbury on the
24th-26th of this month - same contact details apply).
Please find attached information on the conference speakers and
activities. Please do email us as soon as possible at
greeneconomicsevents@yahoo.co.uk , or contact Miriam Kennet
(07990590463) to reserve a place.
We are also writing a book on women's role in the economy (and the
costs of not getting it right) as part of our Sustainable Growth
series with Gower Management books. Everyone who attends is warmly
invited to contribute a chapter to the book which is being edited by
Miriam Kennet.
The event will also host discussions on weathering the current
economics turmoil, how women's roles are increasingly being viewed
as central to the solutions for the global economy (as well as for
running successful firms) and how the inclusion of women is
fundamental to a Green Economics perspective.
The conference features specialists in the empowerment of women - in
law, in business, in politics, in public representation and most
especially in their economic lives.
http://www.newscientist.com/channel/opinion/mg20026786.800-special-report-how-to-do-your-bit-for-the-planet.html
Seminar Series - Returns of Marxism
2008/09 in Amsterdam
After a successful inaugural seminar series in 2007/2008, Returns of
Marxism will continue beginning in October 2008. Topics in this
year’s lecture series include: contemporary Latin American politics,
the politics of gentrification, reading Capital, radical feminism,
Marxism and philosophy and more.
In recent years we have seen a renewed interest in Marxism
worldwide. A new generation is discovering the fertility of the many
traditions of Marxism for understanding and attempting to change the
world. This seminar series aims to bring together scholars, writers
and activists from different fields in order to discuss the
relevance of Marxist ideas for contemporary debates. Click
here for detailed
information.
Congresso Internacional Karl Marx
Click here to
download the program.
Controverses modernes sur les
instruments de politique monétaire
L'IEP de Bordeaux et le programme C du Gretha de l'université de
Bordeaux ont le plaisir de vous convier à une conférence donnée par
Marc Lavoie professeur à l’Université d’Ottawa
« Controverses modernes sur les
instruments de politique monétaire : un point de vue post-keynésien
»
lundi 3 novembre, 14H à 16H
Salle des conférences de l'Université Bordeaux IV. La conférence est
ouverte à tous les étudiants et enseignantschercheurs.Jean Belin,
Emmanuelle Gabillon, Edwin Le Heron
“A Theory of knowledge based
Imperialism”
Professor Mark Casson
University of Reading
Chaired by Professor Brigitte Granville
Professor of International Economics and Economic
Policy, Queen Mary, University of London.
Wednesday 12 November 2008, 6pm
Skeel Lecture Theatre
The People’s Palace
Queen Mary, University of London
Mile End Road
London
E1 4NS
A reception will follow the lecture
RSVP on the attached card by Monday 3 November 2008
Click here to download
the flyer.
Seventh SHE Conference
SHE finally has details of registration and accommodation for the
Seventh Conference
Sorry for the late notice, but we have had to find a new location
for the Conference, and I have been negotiating some sponsorship to
try to keep registrations reasonable.
Happily the School of Economics, University of New South Wales and
the School of Economics and Finance, University of Western Sydney
are providing generous support for SHE.
SHE Conference 8th and 9th December, 2008
The Conference is being run by the University of New South Wales. It
will be held at the Coogee Bay Hotel,
http://www.coogeebayhotel.com.au/ located at the corner of Coogee
Bay Rd & Arden St., Coogee
Conference Registrations
Full registration: $200
Student, retired and unemployed person's registration : $50
One day registration: $100
The Conference Dinner will be on Monday night, 8th December, at a
cost of $60.
The registration fee covers morning and afternoon teas and a light
lunch, and the full registration fee includes a one year’s
subscription to the Economics and Labour Relations Review.
Details of accommodation at the Coogee Bay Hotel are below. In
addition, I am negotiating with some university colleges for cheaper
accommodation, and will post the details on the SHE website.
Registration Details and Forms:
http://www.economics.unsw.edu.au/contribute2/Economics/research/Heterdox/RegistrationsSeventh.htm
Conference Website:
http://www.economics.unsw.edu.au/contribute2/Economics/research/Heterdox/SeventhSHEConference.htm
Top
Job Postings for
Heterodox Economists
University of Massachusetts at
Amherst
The Economics Department of the University of Massachusetts at
Amherst invites applications for the position of professor (with
tenure) and department chair for a three-year term starting in Fall
2009. Salary will be commensurate with experience. Scholars from all
fields of economics and related disciplines are encouraged to apply,
including those engaged in inter-disciplinary work. We are
particularly interested in scholars whose expertise involves
theoretical or applied work related to the following emphases: (1)
public goods and the common good; (2) economic opportunity; and (3)
power, institutions, behavior and economic performance. For further
information, see
http://www.umass.edu/economics/facjobs.html. Candidates
should submit curriculum vitae, including the names of references
who may be contacted by the search committee. For full
consideration, applications must be received by December 5, 2008.
Please send application materials electronically to
chairsearch@econs.umass.edu or in hard copy by mail to James K.
Boyce, Search Committee Chair, Economics Department, Thompson Hall,
University of Massachusetts, Amherst, MA 01003. The University of
Massachusetts is an Affirmative Action/Equal Opportunity employer.
Women and members of minority groups are encouraged to apply. The
Economics Department and the College of Social and Behavioral
Sciences are committed to fostering a diverse faculty/student body
and curriculum.
University of Hamburg
Teaching/Research Assistant "History of Economic Thought"
http://www.inomics.com/cgi/job?action=detail&nr=7525
University of Hamburg, Hamburg (Germany)
Ab 1. Januar 2009 ist die Stelle
einer wissenschaftlichen Mitarbeiterin/eines wissenschaftlichen
Mitarbeiters
der Entgeltgruppe 13 TV-L mit der Hälfte der regelmäßigen
Arbeitszeit (19,5 Stunden wöchentlich) zu besetzen.
Das Vertragsverhältnis soll auf drei Jahre bis zum 31. Dezember 2011
befristet werden.* Die Befristung des Vertrages erfolgt auf der
Grundlage von § 2 Abs. 1 Wissenschaftszeitvertragsgesetz.
Die Universität strebt die Erhöhung des Anteils von Frauen am
wissenschaftlichen Personal an und fordert deshalb qualifizierte
Frauen nachdrücklich auf, sich zu bewerben. Frauen werden im Sinne
des Hamburgischen Gleichstellungsgesetzes bei gleicher Qualifikation
vorrangig berücksichtigt.
Aufgaben: Zu den Aufgaben einer wissenschaftlichen Mitarbeiterin/eines
wissenschaftlichen Mitarbeiters gehören wissenschaftliche
Dienstleistungen vorrangig in der Forschung und der Lehre. Außerhalb
der Dienstaufgaben besteht Gelegenheit zur wissenschaftlichen
Weiterbildung, insbesondere zur Anfertigung einer Dissertation.
Aufgabengebiet: Unterstützung von Forschung und Lehre insbesondere
in den Bereichen der Geschichte des ökonomischen Denkens und der
Wirtschaftsgeschichte. Durchführung von vorlesungsbegleitenden
Übungen.
Einstellungsvoraussetzungen: Sehr guter Abschluss eines den Aufgaben
entsprechenden wirtschaftswissenschaftlichen Hochschulstudiums.
Solide Vorkenntnisse in der Geschichte des ökonomischen Denkens und
in der Wirtschaftsgeschichte. Ausgezeichnete Englisch-Kenntnisse.
Promotionsvorhaben zu einem The-ma, das den am Arbeitsbereich
vertretenen Gebiete entspricht oder verwandt ist.
Schwerbehinderte haben Vorrang vor gesetzlich nicht bevorrechtigten
Bewerberinnen/Bewerbern gleicher Eignung, Befähigung und fachlicher
Leistungen.
Bewerbungen mit den üblichen Unterlagen (Bewerbungsschreiben,
tabellarischer Lebenslauf, Hochschulabschluss) werden bis zum
15.11.2008 erbeten an: Prof. Dr. Elisabeth Allgoewer IWWT, Von-Melle-Park
5 20148 Hamburg
Nähere Informationen:
elisabeth.allgoewer@wiso.uni-hamburg.de oder im Internet
unter
www.uni-hamburg.de/IWWT.
* gem. §§ 27, 28 Hamburgisches Hochschulgesetz
JEL Classification(s): B, E
Application has to be received by 11. November 2008.
Bard College
Bard is a private highly selective college of the liberal arts and
sciences with 1,800 students, located 90 miles north of New York
City on the Hudson River. Bard has a strong tradition of progressive
education, academic, literary, and artistic innovation. We currently
seek 2 Tenure-Track Assistant Professors of Economics to begin Fall
'09.
- Economics & Finance
- Macroeconomics
For more information, details of each position, and application
details, please visit our website at:
www.bard.edu. Click on "Employment Opportunities"
Bard College is an AA/EOE & welcomes applications from individuals
who contribute to its diversity.
Bucknell University
Location: Lewisburg, PA
Category:Faculty - Liberal Arts - Economics
Posted: 10/01/2008
Application Due: 11/17/2008
Type: Full Time
Notes: included on Affirmative Action email
Job Summary: The Department of Economics at Bucknell University is
seeking applications for a tenure track position beginning in August
of 2009. Appointment will be as assistant professor. Qualified
applicants will have no more than four years of full-time
post-doctoral teaching experience at the time of appointment. A
completed Ph.D. is preferred, although candidates with ABD status
will be considered. In particular, we are interested in an
individual whose principal teaching responsibilities in the
Department would be as follows: labor economics, intermediate
microeconomics, and econometrics. On a rotating basis, the candidate
may also regularly teach seminars in the University's General
Education program, their topics depending on the candidate's area of
specialization. Bucknell faculty members are also expected to be
active scholars Bucknell University encourages applications from
women and members of minority groups (EEO/AA). Bucknell University
values a diverse college community and is committed to excellence
through diversity in its faculty, staff and students
Minimum Requirements: A completed Ph.D. is preferred, although
candidates with ABD status will be considered.
Qualified applicants will have no more than four years of
postdoctoral full-time teaching experience at the time of
appointment.
Special Instructions to Applicants: Applicants should submit a
curriculum vita, three reference letters, a statement of teaching
philosophy, a research sample, and evidence of teaching excellence.
All applications must be submitted via "Jobs at Bucknell"
www.bucknell.edu/jobs. Supporting documents, namely curriculum vita,
cover letter, and teaching philosophy, may be attached online as
well. Evidence of teaching proficiency, including teaching
evaluations, and syllabi if available, and three letters of
recommendation should be forwarded both electronically, via "Jobs at Bucknell," and in hard copy form to Janet T. Knoedler, Chair,
Economics, Bucknell University, Lewisburg, PA 17837. A sample of
scholarly work should also be mailed directly to Professor Knoedler
at that same address (not emailed).
Required other document 1: teaching evaluations (electronically and
hard copy).
Optional document 1: sample syllabi if available.
Application Information
Phone: 570-577-1631
Online App. Form:
http://jobs.bucknell.edu/applicants/Central?quickFind=51395
J0 Labor Economics
The Department of Economics at Bucknell University is seeking
applications for a tenure track position beginning in August of
2009. Appointment will be as assistant professor. Qualified
applicants will have no more than four years of full-time
post-doctoral teaching experience at the time of appointment. A
completed Ph.D. is preferred, although candidates with ABD status
will be considered. In particular, we are interested in an
individual whose principal teaching responsibilities in the
Department would be as follows: labor economics, intermediate
microeconomics, and econometrics. On a rotating basis, the candidate
may also regularly teach seminars in the University's General
Education program, their topics depending on the candidate’s area of
specialization. Bucknell faculty members are also expected to be
active scholars.
Applicants should submit a curriculum vita, three reference letters,
a statement of teaching philosophy, a research sample, and evidence
of teaching excellence.
All applications must be submitted via “Jobs at Bucknell”
www.bucknell.edu/jobs. Supporting documents, namely curriculum vita,
cover letter, and teaching philosophy, may be attached online as
well. Evidence of teaching proficiency, including teaching
evaluations, and syllabi if available, and three letters of
recommendation should be forwarded both electronically, via “Jobs at
Bucknell,” and in hard copy form to Janet T. Knoedler, Chair,
Economics, Bucknell University, Lewisburg, PA 17837. A sample of
scholarly work should also be mailed directly to Professor Knoedler
at that same address (not emailed).
Bucknell University encourages applications from women and members
of minority groups (EEO/AA). Bucknell University values a diverse
college community and is committed to excellence through diversity
in its faculty, staff and students.
Deadline for submission of application materials is November 17,
2008.
Colorado State University
Economics
Assistant Professor
JOE ID Number: 20081007401
Section: 1: US: Full-Time Academic (Permanent, Tenure Track or
Tenured) Title/Short Description: Assistant Professor Submission
Deadline: 17 November 2008 or until the position is filled
JEL Classifications:
E - Macroeconomics and Monetary Economics O - Economic Development,
Technological Change, and Growth
Locations:
Fort Collins, CO USA
Full Text of JOE Listing:
The Department of Economics invites applications for one
tenure-track, assistant professor position in macroeconomics and
development economics. Ph.D. must be completed by the time the
appointment begins on 16 August 2009. Active participation in the
Ph.D. program is expected in both macroeconomics and development
economics, and an interest in obtaining external funding is
encouraged. Tenure requires both scholarly accomplishment and
excellence in teaching. To assure full consideration, application
materials must be received by 17 November 2008; however,
applications may be accepted until the position is filled.
Candidates who can advance the Department's commitment to diversity
and multiculturalism through research, teaching, and service are
encouraged to apply. Once the search committee has identified
semi-finalists, departmental faculty will have access to those
files.
CONTACT: Please send a cover letter describing your interest in the
position, along with separate statements summarizing your research
and your teaching philosophy, a vita, and three letters of reference
to Dr. Harvey Cutler, Chair, Search Committee, Economics CSU, 1771
Campus Delivery, Fort Collins, CO 80523-1771. Electronic and fax
submissions will not be accepted. Colorado State is an Equal
Opportunity/Affirmative Action employer. Colorado State University
conducts background checks on all final candidates.
Application Instructions:
Please send a cover letter describing your interest in the position,
along with separate statements summarizing your research and your
teaching philosophy, a vita, and three letters of reference to Dr.
Harvey Cutler, Chair, Search Committee, Economics CSU, 1771 Campus
Delivery, Fort Collins, CO 80523-1771. Electronic and fax
submissions will not be accepted.
Colorado State University
Economics
Assistant Professor
JOE ID Number: 20081007402
Section: 1: US: Full-Time Academic (Permanent, Tenure Track or
Tenured) Title/Short Description: Assistant Professor Submission
Deadline: 17 November 2008 or until the position is filled
JEL Classifications:
Q5 - Environmental Economics
Locations:
Fort Collins, CO USA
Full Text of JOE Listing:
The Department of Economics invites applications for one
tenure-track position at the assistant professor level in
environmental economics. Preferred secondary fields are public
economics or economic development. As part of this regular
appointment in the Economics department, the successful candidate is
expected to work with interdisciplinary teams to conduct research
and seek external funding related to the CSU Clean Energy
Supercluster ( http://energy.colostate.edu/ ). Active participation in
the Ph.D. program is expected. Eventual tenure requires both
scholarly accomplishment and excellence in teaching. The candidate's
Ph.D. must be successfully defended by the time the position begins
on 16 August 2009. Candidates who can advance the Department's
commitment to diversity and multiculturalism through research,
teaching, and service are encouraged to apply. To assure full
consideration, application materials must be received by 17 November
2008; however, applications may be accepted until the position is
filled. Once the search committee has identified semi-finalists,
departmental faculty will have access to those files.
CONTACT: Please send a cover letter describing your interest in the
position, along with separate statements summarizing your research
and your teaching philosophy, a vita and three letters of reference
to Dr. Robert Kling, Chair, Search Committee, Economics CSU, 1771
Campus Delivery, Fort Collins, CO 80523-1771. Electronic and fax
submissions will not be accepted. Colorado State is an Equal
Opportunity/Affirmative Action employer. Colorado State University
conducts background checks on all final candidates.
Application Instructions:
Please send a cover letter describing your interest in the position,
along with separate statements summarizing your research and your
teaching philosophy, a vita and three letters of reference to Dr.
Robert Kling, Chair, Search Committee, Economics CSU, 1771 Campus
Delivery, Fort Collins, CO 80523-1771. Electronic and fax
submissions will not be accepted.
St. Francis College, Brooklyn
St. Francis College, Brooklyn invites applications for adjunct
instructors in economics for the Spring 2009 semester.
Courses open: Introductory macro- and micro-economics courses and
elective course in Urban Economics.
Minimum qualification: MA in Economics.
Send resume and cover letter to:
Dr. Paddy Quick, Chair, Dept. of ECO/HIS/PSC:
pquick@stranciscollege.edu
The New School
Position: Assistant Professor
Job Description:
The Graduate Program in International Affairs, a Master’s level
program at The New School, invites applications for a full time
tenure track faculty position at the level of Assistant Professor,
beginning July 1, 2009. This position will also support the new
undergraduate program in International Studies. We are looking for
candidates with a strong background in human rights who are engaged
with one or more pressing global issues. Examples include: health,
women’s rights, migration, post-conflict resolution and
peace-building, indigenous rights, corporate responsibility, and
trade rules. The ideal candidate will have a theoretical background
in human rights, and be grounded in one of the following
disciplines: law, political science, sociology, anthropology,
economics, or philosophy. As an interdisciplinary program that
bridges theory and practice, we welcome candidates whose research
crosses disciplines, or who combine research with practice or
advocacy.
This faculty position involves teaching five courses a year. Salary
is competitive and commensurate with experience and qualifications.
Qualifications: Ph.D by August 2009, or equivalent advanced degree
in a related field. Preferred candidates will have a strong record
of teaching at the undergraduate and/or graduate level or
professional experience. Applications from individuals with no
doctorate but relevant work experience may be considered.
Applications:
To apply please send a letter of interest, C.V., three letters of
reference, and sample publications, using electronic link on New
School website:
(
https://careers.newschool.edu/applicants/jsp/shared/frameset/Frameset.jsp?time=1224859370855
)
To mail additional materials, please send to: Sakiko Fukuda-Parr,
Chair
of Search Committee, Room 605, Graduate Program in International
Affairs, The New School, 66 West 12th St, New York, NY 10011.
Review of applications begins November 15, 2008; the position will
remain open until filled.
The New School is committed to a policy of equal opportunity in all
its activities and programs including employment and promotion. The
New School does not discriminate on the basis of race, color,
national or ethnic origin, citizenship status, religion, sex, sexual
orientation, age, physical handicap, veteran or marital status.
Top
Heterodox Conference Papers and Reports and Articles
Distribution, Aggregate Demand and
Productivity Growth
Hein, Eckhard / Tarassow, Artur: Distribution, aggregate demand and
productivity growth - theory and empirical results for six OECD
countries based on a Post-Kaleckian model, IMK Working Paper, Nr.
18/2008. Düsseldorf 2008:
http://www.boeckler.de/pdf/p_imk_wp_18_2008.pdf
The Impact of Monetary Policy on
Unemployment Hysteresis
Stockhammer, Engelbert / Sturn, Simon: The Impact of Monetary Policy
on Unemployment Hysteresis, IMK Working Paper, Nr. 15/2008.
Düsseldorf 2008:
http://www.boeckler.de/pdf/p_imk_wp_15_2008.pdf
The J2 Status of Chaos in Period
Macroeconomic Models
Flaschel, Peter / Proano, Christian: The J2 Status of Chaos in
Period Macroeconomic Models, IMK Working Paper, Nr. 14/2008.
Düsseldorf 2008:
http://www.boeckler.de/pdf/p_imk_wp_14_2008.pdf
Financial Uncertainty and Business
Investment
Stockhammer, Engelbert/ GraflHYPERLINK "lucas.grafl@wu-wien.ac.at
", Lucas: HYPERLINK "http://www.wu-wien.ac.at/inst/vw1/papers/wu-wp123.pdf
"Financial uncertainty and business investment. Department of
Economics Working Papers, Vienna University of Economics and
Business Administration, No. 123 August 2008:
http://www.wu-wien.ac.at/inst/vw1/papers/wu-wp123.pdf
Working Papers of the Department of Economics, SOAS, London, UK
http://www.soas.ac.uk/economics/research/workingpapers/
‘Why do Banks Fail?’ by S. Basu
Click here to download the
paper.
‘Financial Globalisation: the need
for a single currency and a global central bank'
by P. Arestis, S. Basu, and S. Mallick. Click
here to download the paper.
Minsky and "Keynesianism"
New working paper on Minsky and "Keynesianism". Just in time for the
current Keynes/Minsky frenzy .
http://www.levy.org/vdoc.aspx?docid=1098
Pluralism in Economics: Rethinking
the Teaching of Economics
On Saturday 18 October 2008 the Association for Heterodox Economics
(AHE) and the International Review of Economics Education (IREE)
hosted a One-day Workshop at City University, London, on “Pluralism
in economics: rethinking the teaching of economics”. The Workshop
was supported by the Department of Economics and the School of
Social Sciences at City University London, by the Economics Network
and the Royal Economic Society. The initial call for papers for the
workshop can be found here:
http://www.staff.city.ac.uk/andy.denis/pluralism_workshop.pdf.
IREE is also publishing a special issue in November 2009 on the
issue of “Pluralism in economics education: Issues in teaching and
learning”. The Call for Papers for the special issue can be seen
here:
http://staff.city.ac.uk/andy.denis/IREE_pluralism.pdf.
The sessions were recorded and are downloadable, with the papers,
from
www.staff.city.ac.uk/andy.denis/pluralism.htm
Top
Heterodox Journals and
Newsletters
Journal of Economic
Methodology
Volume 15 Issue 3 is now available online at
http://www.informaworld.com.
This new issue contains the following articles:
Introduction: Also Sprach der homo oeconomicus, Pages 241 - 244
Authors: Miranda del Corral; Jesús Zamora Bonilla
Simulating processes of concept formation and communication, Pages
245 - 259
Authors: Timo Honkela; Ville Könönen; Tiina Lindh-Knuutila; Mari-Sanna
Paukkeri
Games and Quantity implicatures, Pages 261 - 274
Author: Robert van Rooij
The evolution of Horn's rule, Pages 275 - 284
Author: Kris De Jaegher
The surprise exam paradox, rationality, and pragmatics: a simple
game-theoretic analysis, Pages 285 - 299
Authors: José Luis Ferreira; Jesús Zamora Bonilla
REVIEW SYMPOSIUM, Pages 301 - 312
Notes on contributors, Pages 313 - 316
PERI
This fall at PERI we have been unprecendentedly busy, between
responding to the financial crisis and the keeping up with the
nationwide interest in our Green Investment research program.
Although we make every effort to keep these emails to a minimum, two
items seemed particularly critical and timely.
Over the past ten years, PERI's staff economists and our colleagues
from around the world have been writing critically about the
financial markets. In a departure from our usual website content, we
are currently collecting our most relevant work in this area on our
home page. We hope this informs your understanding of the current
crisis and broadens your perspective on opportunities for
egalitarian reforms.
http://clicks.aweber.com/y/ct/?l=5ERGx&m=1b1Z.9dH7W2ETL&b=bUcyRtU4RHSuApmQlAIKPg
We are also pleased to announce that PERI's Co-Director, Robert
Pollin, has been selected to deliver the University of Massachusetts
Distinguished Faculty Lecture and to receive the University
Chancellor's Medal. For those of you in the Amherst area, please
join us on October 20 at 4 pm, as Professor Pollin delivers a
lecture on how we can create long-term term prosperity, equity and
growth in an economy built on renewable energy and conservation.
For more information, please contact
Debbie Zeidenberg,
PERI's Communications Director. Political Economy Research Institute
Gordon Hall
418 N. Pleasant St.
Amherst, MA 01002
International Review of
Applied Economics
Volume 22 Issue 6 is now available at
http://www.informaworld.com.
This new issue contains the following articles:
Demand and innovation in productivity growth, Pages 655 - 672
Authors: Francesco Crespi; Mario Pianta
Is public capital productive in Europe?, Pages 673 - 691
Authors: Jerome Creel; Gwenaelle Poilon
The cost of capital, finance and high-tech investment, Pages 693 -
705
Author: Mariana Spatareanu
Price–value deviations: further evidence from input–output data of
Japan, Pages 707 - 724
Author: Lefteris Tsoulfidis
Layoffs, recalls and unemployment duration: evidence from Sweden,
Pages 725 - 744
Author: Anton Nivorozhkin
The inadequacy of cost of living indices based on subjective
preferences: an ethical and methodological critique, Pages 745 - 754
Authors: Eithne Murphy; Eoghan Garvey
International Journal of the
Economics of Business
Invitation to contribute to International Journal of the Economics
of Business, a leading journal in business economics. (
http://www.tandf.co.uk/journals/cfp/cijbcfp.pdf )
China Economic Journal
Routledge is pleased to announce China Economic Journal (
http://www.informaworld.com/rcej ) .
Submissions Information (
http://www.tandf.co.uk/journals/cfp/rcejcfp.pdf )
Levy News
IN THIS ISSUE
- A Simple Proposal to Resolve the Disruption of Counterparty Risk
in Short-Term Credit Markets (http://www.levy.org/vdoc.aspx?docid=1092)
- The Commodities Market Bubble: Money Manager Capitalism and the
Financialization of Commodities (http://www.levy.org/vdoc.aspx?docid=1094)
Promoting Equality Through an Employment of Last Resort Policy (
http://www.levy.org/pubs/wp_545.pdf
)
- Inflation Targeting in Brazil (http://www.levy.org/vdoc.aspx?docid=1090)
- October 2008 Report (http://www.levy.org/vdoc.aspx?docid=1093)
Local Economy
Volume 23 Issue 4 is now available online at
http://www.informaworld.com.
This new issue contains the following articles:
Editorial Announcement: Local Economy will grow to Eight Issues in
2009, Pages 253 - 254
Author: Andrew Jones
The SNP Government and Poverty, Pages 255 - 260
Author: Ivan Turok
What Happens to the Best-laid Plans?, Pages 261 - 266
Author: Julian Dobson
Sustainable Communities: Affordable Housing and Socio-economic
Relations, Pages 267 - 276
Authors: Vida Maliene; Joseph Howe; Naglis Malys
Unlocking the Potential: The Role of Universities in Pursuing
Regeneration and Promoting Sustainable Communities, Pages 277 - 289
Authors: Claire Robinson; Neil Adams
Tourism, Public Policy and Regional Development: A Turn from
Neo-liberalism to the New Regionalism, Pages 290 - 304
Authors: Michael C. Shone; P. Ali Memon
Determinants of Local Economic Performance: Experience from Rural
England, Pages 305 - 318
Authors: Paul Courtney; Malcom Moseley
Water Policy Making in Scotland: Political Demands and Economic
Pressures, Pages 319 - 324
Author: Antonio A. R. Ioris
Democracy and Empowerment in London's Neighbourhoods, Pages 325 -
331
Author: Hugh Atkinson
Top
Heterodox
Books and Book Series
Behind the 2008 World Financial
Crisis
International ReFrom Pathfinder Press: Behind the 2008 World
Financial Crisis
Capitalism’s Long Hot Winter Has Begun
By Jack Barnes
in New International no. 12
Today’s sharpening interimperialist conflicts are fueled both by the
opening stages of what will
be decades of economic, financial, and social convulsions and class
battles, and by the most
far-reaching shift in Washington’s military policy and organization
since the U.S. buildup
toward World War II. Also in Spanish, French, Swedish, Greek.
ISBN 978-0-87348-967-6 $16
The Clintons’ Antilabor Legacy
The Clintons’ Antilabor Legacy: Roots of the 2008 World Financial
Crisis
By Jack Barnes
in New International no. 14
Also in Spanish
ISBN 978-1-60488-005-2 $14
What the 1987 Stock Market Crash
Foretold
By Jack Barnes
in New International no. 10
“What the 1987 Stock Market Crash Foretold,” a 1988 resolution of
the
Socialist Workers Party explains that the stock market crash of 1987
exposed the vulnerability of
the capitalist world to the pile of debt whose worldwide buildup had
accelerated since the early
1970s. It points out that new regulation of the financial system
cannot prevent another crash;
that the banking system can not be protected from the consequences
of a financial collapse as
decades‘ worth of credit balloons deflate; and that a worldwide
depression is inevitable in the
years ahead. This issue also features “Imperialism’s March Toward
Fascism and War,” which
follows these developments into the mid-1990s. Also in Spanish,
French, Swedish.
ISBN 978-0-87348-773-3 $16
Capitalism’s World Disorder
By Jack Barnes
The social devastation and financial panic now engulfing the world,
the coarsening of
politics, the cop brutality, the restrictions on workers’ rights,
the relentless acts of imperialist
aggression—all are products not of something gone wrong with
capitalism but of its lawful
workings. Yet the future can be changed by the united struggle of
workers and farmers
increasingly conscious of their power to transform the world. Also
in Spanish and French.
ISBN 978-0-87348-818-1 $24
The Transitional Program for
Socialist Revolution
By Leon Trotsky
So long as the profit system prevails, there is no exit from the
economic
“blind alley” in which capitalism worldwide finds itself, wrote
Russian revolutionary Leon
Trotsky in 1938. Trotsky outlines a political program for working
people to defend themselves
against the devastating conditions of economic depression and
political instability of the 1930s.
The interlinked immediate, democratic, and transitional demands
begin from the conditions
of capitalist society today but lead immediately to the limits of
capitalism itself. The Transitional
Program remains an irreplaceable component of a fighting guide for
workers today.
ISBN 978-0-87348-524-1 $20
www.pathfinderpress.com
Institutional Economics
by Bernard Chavance
This introduction to institutional
economics, follows the history of the field since the early 20th
century until the present day. It concentrates on influential
authors in the main schools of institutional economics.
Institutional economics is defined as economic thought that
considers institutions to be relevant for economic theory, and
consequently criticizes the neoclassical mainstream for having
pushed them out of the discipline; it deals specially with the
nature, the origin, the change of institutions, and their effects on
economic performance. It is a family of different theories that were
initially influential in economics, then lost much of their weight
in the middle half of the 20th century, and eventually recovered
significant creative vitality and impact in the last twenty years.
The book puts the recent developments in historical perspective by
showing how important themes like the importance of habits, the role
of formal and informal rules, the relation of organizations and
institutions, the hierarchy and complementarity of institutions, the
evolutionary character of institutional change, have been explored
by various authors or schools.
Contents: I. Introduction: the institutionalist families in
economics, II. Original
institutionalism, 1. Schmoller and the German historical school, 2.
Veblen's ‘evolutionary institutionalism’, 3. Hamilton: institutional
economics, 4. Commons: organisations and institutions, 5. Polanyi
and the economy as an instituted process, III. The Austrian school
and ‘ordoliberalism’, 1. Menger: the organic and pragmatic
approaches, 2. Hayek’s ‘Orders’ and ‘Rules’, 3. Eucken and ‘ordoliberalism’,
IV. The new institutional economics, 1. Williamson and the
mechanisms of governance, 2. North: formal and informal
institutions, 3. Game theory and comparative institutional analysis,
V. Contemporary European currents of thought, 1. Regulation theory:
historical macroeconomics, 2. The economics of conventions:
interpreting the rules, 3. Hodgson and the revival of the ‘old
institutional economics’, VI. Unity and diversity of
institutionalisms
September 2008:
HB: 978-0-415-44911-3: £55.00 £44.00
The International Encyclopedia of
Revolution and Protest
A remarkable political and scholarly contribution is about to be
published (March 2009) – the most comprehensive source on revolution
and protest to date. This timely eight-volume work is The
International Encyclopedia of Revolution and Protest.
Published by Wiley-Blackwell, it has been compiled by hundreds of
scholars throughout the world, under the editorship of Dr. Immanuel
Ness of the City University of New York, who is also the editor of
the prestigious Working USA: The Journal of Labor and Society. For
more information:
http://www.revolutionprotestencyclopedia.com/overview.asp.
All libraries should be encouraged to secure this incredible
resource – and as many scholars and activists as possible should be
alerted to its imminent appearance.
Among the Advisory Editorial Board members are: Walden Bello, Elaine
Bernard, Robert Brenner, Stephen Eric Bronner, Dennis Brutus, Paul
Buhle, Bill Fletcher, Adolfo Gilly,Lawrence Goodwyn, Gerald Horne,
Robin D.G. Kelley, Michael Löwy, Manning Marable, Bryan Palmer, and
Frances Fox Piven. Associate Editors include: Dario
Azzellini,Marcelline Block, Jesse Cohn, Clifford D. Conner, Geoffroy
de LaForcade, Rowena Griem, Paul LeBlanc, Amy Linch, Soma Marik,
Vivekananda Vidyabhavan, Ayokunle O. Omobowale, Pierre Rousset,
Beverly Tomek, Ben Trott.
Below are some initial pre-publication endorsements, which give a
sense of what has been accomplished:
"For this work Immanuel Ness has assembled an impressive team of
international scholars…Undoubtedly, this will become an essential
reference on world revolutionary and protest movements, and an
important addition to the collections of academic and larger public
libraries. I know I will recommend it to our students and faculty,
and will consult it frequently for my own research."
Thomas Twiss, Government Information Librarian, University of
Pittsburgh
"An indispensable tool for social scientists and historians who wish
to be aware of their rich and colourful past. The scope is
breathtaking - with a wealth of engagingly presented detail gathered
by an army of researchers under the sure guidance of Immanuel Ness.
Wiley is to be congratulated."
Raymond Markey, Auckland University of Technology, New Zealand
"Finally a scholarly reference work that provides a substantive
approach to world history that accounts for the essential role
played by popular movements in the processes of revolution, social
change and progress. The International Encyclopedia of Revolution
and Protest traces the efforts of peasants and workers in the global
South and North as they struggle for justice and power from the
emergence of European colonialism to the present."
Gary Younge, The Guardian and The Nation
"This compilation of historical essays provides a unique
contribution to the study of social radicalism. The encyclopedia
fills a critical void with its extensive examination of the
progression of revolutions and protests throughout the world. The
International Encyclopedia of Revolution and Protest is sure to
become the definitive reference work in this area of study."
Pat Newcombe, Western New England College School of Law Library
"[A] valuable resource for students of social movements and social
change."
Stephen H. Aby, University of Akron
Development of Economic Analysis
7th Edition
By Ingrid H. Rima
Temple University, Philadelphia, USA
Request an examination copy
Now in its seventh edition, Ingrid Rima's classic textbook charts
the development of the discipline from the classical age of Plato
and Aristotle, through the middle ages to the first flowering of
economics as a distinct discipline -and to the era of classical
economics and the marginalist revolution. The book then goes on to
offer extensive coverage of the twentieth century - the rise of
Keynesianism, econometrics, the Chicago School and the neoclassical
paradigm - and the concluding chapters analyze the birth of late
twentieth century developments such as game theory, experimental
economics and competing schools of economic thought.
This text includes a number of practical features:
- a "family tree" at the beginning of each section, illustrating how
the different developments within economics are interlinked
- the inclusion of readings from the original key texts
- a summary and questions to discuss, along with glossaries and
suggestions for further reading.
December 2008 / 608 pages
978-0-415-77292-1 / Paperback / £37.50
978-0-415-77293-8 / Hardback / £85.00
From Political Economy to Economics
Method
From Political Economy to Economics Method, the social and the
historical in the evolution of economic theory
By Dimitris Milonakis, Ben Fine
Economics at the University of Crete; University of London
Click Here to
Purchase
Economics has become a monolithic science, variously described as
formalistic and autistic with neoclassical orthodoxy reigning
supreme. So argue Dimitris Milonakis and Ben Fine in this new major
work of critical recollection. The authors show how economics was
once rich, diverse, multidimensional and pluralistic, and unravel
the processes that lead to orthodoxy’s current predicament.
The book details how political economy became economics through the
desocialisation and the dehistoricisation of the dismal science,
accompanied by the separation of economics from the other social
sciences, especially economic history and sociology. It is argued
that recent attempts from within economics to address the social and
the historical have failed to acknowledge long standing debates
amongst economists, historians and other social scientists. The
prime rationale underpinning this account drawn from the past is to
put the case for political economy back on the agenda.
Series: Economics as Social Theory
October 2008 / 392 pages
978-0-415-42321-2 / Paperback / £32.99
978-0-415-42322-9 / Hardback / £120.00
A Short History of Economic Thought
2nd Edition
By Bo Sandelin, Hans-Michael Trautwein, Richard Wundrak
University of Gothenburg, Sweden; University of Oldenburg, Germany;
formerly University of Greifswald, Germany
Request an examination copy
This book provides an elementary introduction to the history of
economic thought and has been considerably overhauled and updated
since the appearance of the first edition in 2002. Greater coverage
is allowed to the major Anglo-American trends while retaining the
innovative coverage of mainland European thinking so characteristic
of the original.
July 2008 / 128 pages
978-0-415-43886-5 / Paperback / £13.99
978-0-415-43885-8 / Hardback / £80.00
The History of Economic Thought: A
Reader
Edited by Steven G. Medema, Warren J. Samuels
University of Colorado at Denver, USA; Michigan State University
View a sample
electronic copy or
request an examination copy
This bestselling reader in the history of economic thought is edited
by two of the most respected figures in the field. With clearly
written summaries putting each selection into context, this book
will be of great use to students and lecturers of the history of
economic thought as it goes beyond the simple reprinting of
articles.
2003 / 680 pages
978-0-415-20551-1 / Paperback / £45.00
978-0-415-20550-4 / Hardback / £110.00
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Heterodox Book Reviews
Free Trade Nation
Frank Trentmann, _Free Trade Nation: Commerce, Consumption and Civil
Society in Modern Britain_. Oxford: Oxford University Press, 2008.
xiv + 450 pp. £25/$50 (cloth), ISBN: 978-0-19-920920-0.
Reviewed for EH.NET by Peter J. Cain, Department of History,
Sheffield Hallam University. Click
here to download
the review.
The Invention of Modern Life
Mark Francis, _Herbert Spencer and the Invention of Modern Life_.
Ithaca, NY: Cornell University Press, 2007. xiv + 434 pp. $45
(cloth),
ISBN: 978-0-8014-4590-3.
Reviewed for EH.NET by Sandra J. Peart, Jepson School of Leadership
Studies, University of Richmond. Click
here to download the
review.
Heterodox Websites
Radical Perspectives on the Crisis
http://sites.google.com/site/radicalperspectivesonthecrisis/
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The HEN-IRE-FPH Project
The HEN-IRE-FPH Project for
Developing Heterodox Economics and Rethinking the Economy Through
Debate and Dialogue
The Heterodox Economics Newsletter, The International Initiative for
Rethinking the Economy (IRE), and the Charles Leopold Mayer
Foundation for the Progress of Humankind (FPH) (
www.fph.ch ) have undertaken a joint
project to promote the development of heterodox economics. It
involves publishing in the Newsletter reviews, analytical summaries,
or commentary of articles, books, book chapters, theses,
dissertations, government reports, etc. that relate to the following
themes: diversity of economic approaches, regulation of goods and
services, currency and finance, and trade regimes. These themes
relate to heterodox economics and to the open and pluralistic
intellectual debates in economics. For further information about the
project and queries about reviewing, contact Fred Lee (
leefs@umkc.edu ).
Wray, L. R. (2008) ‘Lesson
from the Subprime Meltdown’, Challenge, 51(2): 40-68.
Reviewed by Joshua Frank, Center for Responsible Lending,
joshf@responsiblelending.org
Davis, John (2006), ‘The
turn in economics: neoclassical dominance to mainstream pluralism’,
Journal of Institutional Economics, 2(1), 1-20.
Reviewed by José Castro Caldas and Vítor Neves
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Heterodox
Graduate Program and PhD Scholarships
The University
of Manchester
MA in Political Economy
http://www.manchester.ac.uk/postgraduate/howtoapply/
Click here to download
the flyer.
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For Your Information
Extend State
Ownership To Save Jobs
Richard Sennett 2008-10-15
Click
here to download the paper.
Open Letter to All Political Leaders
attending the November 15 White House Summit on Financial Markets
and the World Economy
Dear Colleague:
Henry Liu and I have written a brief note (see below) to the Heads
of State who will be meeting on November 15, 2008 to discuss the
international implications of the current financial Crisis . Henry
believes that he will be able to get the ASIA TIMES to print it on
Monday, November 10, 2008 as a Headline piece. The Asia Times is a
global on line publication with a web visibility of over 2,000,000
daily of highly educated readership world wide, beating
Bloomberg.com, WSJ.com, MSNBC.com., according to Marketleap.com.
Presumably, other publications may also publish it in the EU.
Perhaps among all our friends, we can recruit a public relation
professional to help. Even Keynes needed Felix Frankfurter to
introduce him to FDR.
Paul Davidson
Our note is as follows:
Open Letter to All Political Leaders attending the November
15 White House Summit on Financial Markets and the World Economy
The Winter of 2007-2008 will prove to be the winter of economic
discontent and the beginning of the end of the belief that
unfettered global financial markets spread risk and promoted
economic efficiency, growth, and prosperity. For more than three
decades mainstream economists have preached, and politicians
accepted, the myth of the efficiency of markets, while burying any
thoughts of John Maynard Keynes’s analysis of interconnection of
financial markets and the international payments system.
Those who do not study the lessons of history are bound to repeat
its errors. Economists forgot the events of the world-wide Great
Depression that followed the collapse of the unfettered U.S.
financial markets that were associated with the "Roaring Twenties"
prosperity. Now history has repeated itself with the deregulation of
financial markets and banking operations that occurred at the same
time as the prosperity of recent years that climaxed in 2008 with
the Greatest Financial Market Crisis since the Great Depression.
The U.S. sub prime mortgage problem that started in 2007 developed
from a small blip on the economic radar screen to a situation that
has caused the collapse of financial markets and threatened the
viability of financial institutions world wide as the contagion
spread quickly via the existing international payments system. If we
are to prevent a global Great Depression, it is time to restore
Keynes’s vision of how the international payments system should work
to permit each country to promote a national full employment policy
without having to fear balance of payments problems or financial
events that occur in other countries from infecting the domestic
banking and financial system.
Another Great Depression can be avoided if world leaders would
reconsider John Maynard Keynes’s analytical system that contributed
the golden age of the first quarter century after World War II. The
undersigned have advocated for years a new financial architecture
based on an updated 21st century version of the Keynes Plan proposed
at Bretton Woods.
This new financial architecture will create (1) a new global
monetary regime that exists without currency hegemony, (2) global
trade relationships that support rather than retard domestic
development and (3) a global economic environment that induces each
nation to promote full employment and rising wages for its labor
force.
Paul Davidson Editor, Journal of Post Keynesian Economics
Henry C.K. Liu, Visiting Professor of Global Development, Department
of Economics, University of Missouri and Chairman of a New York
basede private investment group
We hope you will be sympathetic to our message If you agree we
invite you to support our message Let us know by sending both Henry
and I an email saying you agree gives us your name, title, and
affiliation.
our email addresses are Paul Davidson:
pdavidson@utk.edu
Henry C.K. Liu
hliu@mindspring.com
Oil, war, lies and bulls**t
By Cyrus Bina
utilized merely as a deterrent in order to calm the jittery market
in Wall Street - a weapon that, god forbid, he wouldn't have to use.
This speaks clearly to the irony of market ideology that rather
idealistically hangs on to the so-called market perceptions without
much inkling about the material conditions that are to be inevitably
the cause of such perceptions. The US national debt has now jumped
to upwards of $11.3 trillion - a figure for the combined annual GDP
of China, France, Germany, Norway, Russia, and Sweden in 2007.(cont.)
The Wall Street Coup and the
Bailout Scam
How the “rescue” plan is not only fraudulent, it is also the wrong
medicine for the ailing economy
Ismael Hossein-zadeh (October 4, 2008)
The Wall Street took the US (and the world) hostage and extracted a
heavy ransom. But while the enormous ransom was successfully
extracted, there are no guarantees that the hostages will be set
free from the shackles of trickle down economics. On the contrary,
there are strong indications that the fraudulent (and perhaps
criminal) bailout may turn the current crisis into a protracted
agony of a long bleeding economic depression (cont.)
Tufts Institute
to Award Annual Economics Prize
to José Antonio Ocampo and Robert Wade
November 17 lectures on “New Visions for Trade and Development”
Tufts University’s Global Development and Environment Institute will
award its annual Leontief Prize for Advancing the Frontiers of
Economic Thought to José Antonio Ocampo of Columbia University and
Robert Wade of the London School of Economics. The award ceremony
will take place November 17 at Tufts University (5:00 pm, Coolidge
Room, Medford Campus) and will feature lectures by the prize winners
on the topic, “Beyond the Washington Consensus: New Visions for
Trade and Development.” (cont.).
Booklovers turn to Karl Marx
as financial crisis bites in Germany
Kate Connolly in Berlin
Wednesday October 15 2008
Karl Marx is back. That, at least, is the verdict of publishers and
bookshops in Germany who say that his works are flying off the
shelves.
The rise in his popularity has of course, been put down to the
current economic crisis. "Marx is in fashion again," said Jörn
Schütrumpf, manager of the Berlin publishing house Karl- Dietz which
publishes the works of Marx and Engels in German. "We're seeing a
very distinct increase in demand for his books, a demand which we
expect to rise even more steeply before the year's end."
Most popular is the first volume of his signature work, Das Kapital.
According to Schütrumpf, readers are typically "those of a young
academic generation, who have come to recognise that the neoliberal
promises of happiness have not proved to be true."
Bookshops around the country are reporting similar findings, saying
that sales are up by 300%. (Though the fact that they are not
prepared to quote actual figures suggests the sales were never that
high).
Literature comes and goes and it is nice to see that trends are not
always driven by slick marketing campaigns. Just as Rudyard Kipling
would have been delighted that his poem The Gods of the Copybook
Headings which contains the apt lines: "Then the Gods of the Market
tumbled, and their smooth-tongued wizards withdrew." is modish once
more, so Marx would have reveled in the idea that an economic crisis
had reignited interest in his works. (Not, you understand, because
of the increased royalties that would be coming his way over the
next few months were he still alive.)
Increasing numbers of Germans appear ready to out themselves as Marx
fans in a time when it is fashionable to repeat the philosopher's
belief that excessive capitalism with all its greed finally ends up
destroying itself. When Oskar Lafontaine, the head of Germany's
rising left-wing party Die Linke, said he would include Marxist
theory in the party's manifesto, in the outline of his plans to
partially nationalise the nation's finance and energy sectors, he
was labeled as a "mad leftie" who had "lost the plot" by the tabloid
Bild. But even Germany's finance minister, Peer Steinbrück, who must
have had some sleepless nights over the past few weeks, has now
declared himself something of a fan. "Generally one has to admit
that certain parts of Marx's theory are really not so bad," he
cautiously told Der Spiegel.
"These days Marx is on a winning streak in the charm stakes," Ralf
Dorschel commented in the Hamburger Abendblatt.
But for those not quite ready to immerse themselves in Marxist
theory, Marx's correspondence to Friedrich Engels at the time of an
earlier US economic crisis makes more entertaining reading. "The
American Crash is a delight to behold and it's far from over," he
wrote in 1857, confidently predicting the imminent and complete
collapse of Wall Street.
CofFEE's 10th
Birthday
Click here
to download the flyer.
Karl Marx and
the world financial crisis
Wed Oct 15, 2008
Bernd Debusmann is a Reuters columnist.
WASHINGTON (Reuters) - Capitalism as we used to know it is on its
deathbed. And those who predicted that the old brand, the
unfettered, American-promoted system, was a danger to the world, are
being vindicated. They include Karl Marx, whose thinking on banks
seems oddly contemporary these days (cont.)
Wanted: a new
financial order
DOUG SAUNDERS
From Saturday's Globe and Mail
October 18, 2008 at 12:05 AM EDT
BRUSSELS — A week ago, French President Nicolas Sarkozy and German
Chancellor Angela Merkel found themselves strolling together through
the cobble-stoned streets of Colombey-les-Deux-Églises, a tiny
village in the northeast of France, where they were attending a
war-memorial ceremony (cont.)
The Center for
the History of Political Economy
The Center for the History of Political Economy at Duke University
is now accepting Fellowship Applications for the 2009-2010 academic
year. Click
here for detailed information.
Misrepresenting
the Financial Crisis
It is not Lack of Liquidity; it is Insolvency and Lack of Trust
Bailout Homeowners, Create Trust, and Unfreeze Credit Markets
By Ismael Hossein-zadeh
A major problem with the bailout scheme is that it misrepresents the
ongoing credit crunch as a problem of illiquidity, or lack of cash.
In reality, however, it is a lack of trust that has been created by
the widespread insolvency in the financial market. In such an
environment of widespread insolvency and lack of trust, owners of
cash rush to safety: buying treasury bills, investing abroad, or
hoarding their cash, thereby creating something akin to a black hole
for cash—or a “liquidity trap,” as John Maynard Keynes called it.(cont.)
Galbraith
Galbraith is on Public Radio Internationl's Marketplace tonight as
well as Bill Moyers' Journal on PBS.
http://marketplace.publicradio.org/display/web/2008/10/24/galbraith_whats_the_fix
Also on the BBC World Service front page at the moment:
http://www.bbc.co.uk/worldservice/
or
http://www.bbc.co.uk/worldservice/news/
Finally, Harpers has put Galbraith's article up on their free site,
at
http://harpers.org/archive/2008/11/0082254
Galbraith on
Bill Moyer's Journal
http://www.pbs.org/moyers/journal/10242008/profile.html
The Ludwig Lachmann Research
Fellowship
The Ludwig Lachmann Research Fellowship at the London School of
Economics The Department of Philosophy, Logic and Scientific is
seeking to fill the Ludwig M Lachmann Research Fellowship, a
research post in commemoration of the late Professor Lachmann. The
successful candidate will have a PhD and a record of excellence in
research in economics and/or philosophy. Particular consideration
will be given to candidates with a research interest in the
philosophical aspects of economics or the Austrian School of
Economics.
Further details of the post and application procedures can be found
at the following site:
http://www.lse.ac.uk/collections/recruitment/jobsAtLSE/CurrentVacancies.htm#01/08/RES
Informal enquiries can be addressed to Prof. Richard Bradley at
r.bradley@lse.ac.uk.
Closing date for receipt of applications is 7 November 2008.
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